African Markets Review 07 19 19
- In Morocco, RENAULT reinforces its presence in Africa by taking advantage of a cooperation with the Nigerian group COSCHARIS in Lagos to assemble low-cost models, including LOGAN and DUSTER, starting from October 2019, according to the business press;
- In Tunisia, foreign trade during H1 2019 shows a decrease in export’s volume by 5.1% and imports by 5.2% compared to the same period in 2018, according to the data provided by the INS;
- In Egypt, the GDP grows by 5.6%, and the budget deficit registers 8.2% in FY 2018/19;
- Among the covered African markets, The West African Stock Exchange recorded the highest daily performance (+0,38) while the Nigerian Stock Exchange recorded the lowest one (-0,90).
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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